Nicolas Cachanosky is an associate professor of economics at the University of Texas at El Paso, and he, along with Emilio Ocampo, are the authors of a recent book titled, *Dollarization: A Solution for Argentina.* Nicolas joins Macro Musings to talk about the potential dollarization of Argentina, including what it would require and mean for the country. Specifically, David and Nicolas also discuss Argentina’s hyperinflationary experience, the three necessary steps for dollarization, the differences between dollarization and currency boards, and a lot more.   Transcript for this week’s episode.   Nicolas’s Substack: Economic Order Nicolas’s Twitter: @n_cachanosky Nicolas’s website Nicolas’s UTEP profile   David Beckworth’s Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings   Donate to Macro Musings! Join the Macro Musings mailing list! Check out our new Macro Musings merch!   Related Links:   *Dollarization: A Solution for Argentina* by Nicolas Cachanosky and Emilio Ocampo   *How to Dollarize Argentina* by Nicolas Cachanosky   *Pro Dollarization* by John Cochrane   *Argentina Dollarization Is Medium-Term Goal, Caputo Tells Bankers* by Ignacio Olivera Doll